First Caribbean International Bank Regional Risk-Sharing Facility

implementation

The focus of the Facility will be on tourism, small infrastructure and mid-size companies. These sectors have been selected as they are well aligned with the Bank's developmental strategy for the region and are consistent with the respective strategies of the countries to be covered within the Facility. Through the Facility it is not only possible to lower such transaction costs and allow the Bank to participate in transactions that it might not otherwise have been in a position to support, but it also provides the required framework to analyze each project on its own credit and developmental merit, fit within the respective country strategy and the additionality the Bank's participation provides. The Facility is envisioned to produce a very important strategic relationships and new source of deal origination and opportunities for the Bank as the Bank will establish a direct relationship with the borrowers targeted within the Facility.